secwatch.observer — SEC 8-K summary
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Issuer:     YUNHONG GREEN CTI LTD. (YHGJ)
CIK:        0001042187
Form:       8-K
Filed at:   2022-11-30T23:59:59+00:00
Accession:  0001493152-22-034019
Event type: regulatory
Sentiment:  negative
Materiality: 0.90
Item codes: 3.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nasdaq determines Yunhong CTI failed to meet bid price rule; plans to appeal to avoid delisting
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- Received Nasdaq determination on Nov 23, 2022, that CTI failed to regain compliance with $1 bid price rule by Nov 22 deadline.
- Company not eligible for second 180-day period because it does not meet $5M stockholders' equity initial listing requirement.
- Trading to be suspended on Dec 2, 2022, unless appeal requested by Nov 30; board directed management to appeal.
- Company considering a reverse stock split to regain compliance, but no assurance of success.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1042187/000149315222034019/0001493152-22-034019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1042187/000149315222034019/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-034019

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